$1,950,000
PENDING

Estimated payment $12,751/month

Total Views 3,940
-- Bed
-- Bath
2,099 Sq Ft
$929 Price per Sq Ft

Highlights

  • Property is near public transit
  • No HOA
  • Front Yard
  • Birney Elementary School Rated A
  • No Heating

About This Home

This property is offered in conjunction with the property next door at 4314 Cleveland Ave. two 6964 Sq. Ft. R3 Parcels that will provide a big blank canvas for a developer. These properties are old and the effecte year built age is provided as listed by the assessors office.

Listing Agent

Dan Brophy

Flying Dog Enterprises Inc Brokerage Email: dbrophy@flyingdogent.com License #00578892 Listed on: 11/15/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 6,964 Sq Ft Lot
  • Lot Dimensions are 50x139x50x140
  • Two or More Common Walls
  • Front Yard
  • Sold together with next door parcel at 4314 Cleveland Ave. Each parcel is 6000 Sq. Ft. of r3. Each listed at $1,950,000.
  • Value in Land

Parking

  • 1 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,099 Sq Ft Home
  • 2-Story Property

Additional Features

  • Property is near public transit
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 20 / 271
  • Tax Tract Number 445
  • Assessor Parcel Number 4452712000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,015
  • Water Sewer Expense $1,000
  • New Taxes Expense $19,500
  • Operating Expense $22,515
  • Gross Income $84,156
  • Net Operating Income $63,770

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 3.00
  • Price Per Unit: 650000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1000.00
  • Zoning: R3 restricted Multiple
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4452712000
  • Year Built: 2007
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 929.01

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Sold together with next door parcel at 4314 Cleveland Ave. Each parcel is 6000 Sq. Ft. of r3. Each listed at $1,950,000.
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit, Value In Land
  • Lot Size: 50x139x50x140
  • Lot Size Sq Ft: 6964.00
  • Lot Size Acres: 0.1599

Multi Family

  • Gross Income: 84156.00
  • Gross Scheduled Income: 84156.00
  • Insurance Expense: 2015.00
  • Lot Size Area: 6964.0000 Square Feet
  • Net Operating Income: 63770.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 20386.00
  • Rent Control: Yes
  • Total Expenses: 22515.00

Tax Info

  • New Taxes Expense: 19500.00
  • Tax Block: 271
  • Tax Lot: 20
  • Tax Tract Number: 445

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $1,950,000 -- $929 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2407042

California Regional Multiple Listing Service (CRMLS)